Buy Bristol-Myers Squibb Company
About Bristol-Myers Squibb Company (BMY)
Bristol-Myers Squibb Company is a global biopharmaceutical company based in the U.S. It is active across broad sections of the market.
BMY is ranked among the 20 largest pharmaceutical companies by revenues. Consensus analyst forecasts held that revenue would reach $42 billion for 2020. Analysts expect total earnings of $6.40 per share.
BMY traces its history back to the middle part of the 19th century. It produced critical medical supplies for the Union Army during the Civil War. During World War II, the company turned out massive quantities of penicillin. Current products include new cardiovascular, heart disease and cancer treatments. The $74 billion merger with Celgene in 2019 augmented the company’s cancer treatment offerings and increased the new product pipeline awaiting FDA approval.
In January of 2021, BMY management offered long-term forecasts of 3.7% annualized revenue growth from 2020 to 2025.
What is the price of BMY?
As of mid-January 2021, shares of BMY traded at about $63 with a total market capitalization on $145 billion. At $1.96 per share, the current dividend yield for shares of BMY is almost 3%. At more than 6 million shares trading hands on average, the daily trading volume for BMY shares is robust. BNY trailed the broad equity market as well as pharmaceutical peers in 2020 with a decline of 3%. This performance followed market outperformance in 2019.
In January of 2021, BMY announced a 45% increase in a corporate share repurchase program, bringing the total amount committed to repurchasing shares to $6.4 billion.
How to buy BMY
With Uphold, you can buy equities in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
1. Go to Uphold.com and click sign up.
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
*U.S. stock trading is not available in the U.S., U.K., and certain other jurisdictions.
This article is for informational purposes only and takes no account of particular personal or market circumstances, and should not be relied upon as investment, tax, or legal advice. For investment, tax, or legal advice, and before taking any action you should consult your own advisors. Note that assets such as equities present unique risks for investors.
This content is correct as of February 2021
Get more coin for your coin
0% deposit fees 0% withdrawal fees